Internet

Yandex updates its personalized search feature to track users’ momentary interests

The Russian search giant Yandex has announced an updated version of its Personal Search feature in the newly-launched search platform “Dublin.” The main difference from the previous version, introduced in December 2012, is that now a user’s search profile is updated every few seconds instead of once a day. Yandex claims that more than a …

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Online ad management startup CPAExchange secures seed funding on a highly competitive market

Prostor Capital announced yesterday that it has purchased a 25% stake in online ad management startup CPAExchange in a seed funding round. Neither the exact amount of the investment nor the company’s valuation have been disclosed. Founded in 2012, CPAExchange is a service that allows customers to place and manage advertisements online using the click-per-action …

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Russian authorities to scan social networks and blogosphere for crime threats

In a bid to anticipate and curtail misdemeanors potentially originating from Russia’s social networks and blogosphere, the Investigative Committee of the Russian Federation has launched an open tender for IT solutions that would enable investigators to do so. The Committee, responsible for investigations of particularly important cases of crimes against individuals, public safety, the national …

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Context ads managing service ReachLocal enters Russian market

The US-based Internet company ReachLocal, which specializes in context advertising tools, has launched a Russian subsidiary, Digit.ru reported this Monday. In its first year on the Russian market the company expects to post €10 million in revenue, said Nataliya Matusova, general manager of ReachLocal’s Russian branch, at a press-conference in Moscow. Although its Moscow subsidiary was …

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Mail.Ru Group invests $1.5m in visual search provider Cortiсa

Leading Russian Internet group Mail.Ru Group announced yesterday that it has poured $1.5 million into the Israeli visual search developer Cortica. The funding is part of a larger round led by other undisclosed investors; it brings the total amount attracted by Cortica to more than $12.5 million. The investment in Cortica allows Mail.Ru Group to …

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China’s DinoDirect launches huge sourcing platform for Russian e-merchants

With online cross-border sales from China to Russia growing dramatically over the past two years, DinoDirect, a major Chinese online retailer, has now announced the launch of “Osell,” a B2B offer targeting Russian e-merchants of all sizes – including thousands of individual entrepreneurs operating through small sites and social networks – as a first step toward …

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HSE-backed startup Hiconversion lands $300,000 in funding

Moscow-based social network advertising platform Hiconversion announced last week that it has received about 9.1 million rubles (almost $300,000) in seed funding from serial angel investor Igor Ryabenkiy and the Moscow Seed Fund, Moscow City’s venture investment arm. Ryabenkiy contributed some 3 million rubles, while the fund provided the other 6 million. The company’s total …

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E-learning startup YaKlass attracts funding, plans international expansion

Moscow-based e-learning startup YaKlass has announced that it has secured a seed funding round from Latvia’s Data Pro Group, Russia’s Vesna Investment and entrepreneur Nikita Khalyavin, CNews.ru revealed last week. The amount of the investment has not been disclosed, but CEO Valeriy Nikitin told East-West Digital News that it valued YaKlass at $2 million.

Music analysis startup FindStream monitors 27,000 Internet radio stations

Balakam, a Russian company which launched a search engine for media content two years ago, has just released the beta version of its new project, christened FindStream. The service monitors more than 27,000 Internet radio stations every two minutes, providing users with data on track popularity and emerging trends in the music industry. The service …

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